FBS is an online Forex and CFD broker founded in 2009. It currently provides services to more than 150 countries across the world. It has offices in Belize and Cyprus. FBS is governed by CySEC, IFSC, FSCA, ASIC and BaFin and has won more than 60 accolades globally, including The Most Progressive Forex Broker in Europe in 2019.
FBS online trading offers a wide range of assets, such as Forex currency pairings, commodities, stocks, and indices. Except for Zero Spread and ECN accounts, which are free of charge, FBS trading spreads are fairly large. FBS offers two of the most popular trading platforms: MT4 and MT5, which are both available as mobile apps and webtrader versions.
Additionally, it provides a space where traders can copy one another and use each other’s trading strategies. The FBS website and customer service are available in 18 different languages, including Indonesia.
Opening a real account with FBS
FBS provides both real and demo accounts. Opening one on the website or in the app is quick and easy.
To create a real account on the website:
- Log in and select Open Account on the FBS website’s homepage.
- To register as a trader, provide your name and email and press Register as Trader. You can also sign up using your Facebook, Google, or Apple account.
- To create a real account, click the Real button and choose your trading account type.
- Set up a trading account, then click Open Account.
- Set your password and verify some other information.
- You can select Continue to Member Page or Deposit.
- On the member page, you can verify your identity and phone number.
- You will receive an SMS code to validate your phone number after entering it.
- Upload a copy of your passport or other identifying document to prove your identity.
To create a real account through the app:
- Install FBS Trader — Trading Platform on your smartphone or tablet by downloading it from the website, which supports both Android and iOS.
- To create an account, tap Sign up with email. You can also register with Google or Facebook.
- You then see the account summary, where you can set your password. Click Proceed to move on to the next step.
- You can tap Skip the Biometrics and PIN procedure at first. On the next page, tap Real to open a real account and select your trading account type.
- Set up a trading account, then hit Create account.
- You can confirm your identification and phone number on the Dashboard page. Then, you can begin trading with FBS right away!
Metatrader 4 (MT4)
MT4 is the most popular platform for trading Forex. It uses technical analysis and trading software. You can evaluate all of the assets provided by FBS using a specially constructed graphical window. There are many widely used technical indicators available. Additionally, it features sketching tools that enable you to conduct analysis and make purchases without leaving the platform.
One-click trading is a graphic trading tool available in MT4. Simply put, you can manually move the stop loss and take profit settings to control your risk and open positions right from the chart.
The benefit of this platform is that you can use trading bots or EAs (expert advisers) to automate your strategy. Robots can be built using any programming language, or you can purchase them from the MetaQuotes store. Numerous premium trading bots are available for free.
Metatrader 5 (MT5)
The functionality of MT5 is identical to that of MT4, and it emphasizes CFD trading more than MT4 does. It is an incredibly adaptable and easy-to-use platform.
Webtraders
Webtrader versions of MT4 and MT5 are available online without downloading. You can access FBS webtraders using the same login as Metatrader PC. However, you cannot utilize the robot with web trading because it lacks an automatic trading feature.
Metatrader on Mobile
You can get the MT4 and MT5 apps from the App Store or Google Play. They were both created by MetaQuotes, but these versions are less feature-rich than MT5 for PC or the webtrader.
FBS Trader
FBS created a platform that has more features than Metatrader. FBS Trader allows for faster and more seamless order execution. The app is available for iOS and Android. Unlike Metatrader, FBS Trader lets you deposit money and withdraw it. Additionally, the app allows you to contact customer service instantly.
FBS Promotions
FBS offers beneficial promotions and bonuses, and holds contests for traders.
- FBS Traders Party
- Level Up Bonus
- 100% deposit bonus
- Cashback
- Leverage 1:3000
You can get twice as many deposits, and increase your chances of making a profit under the following conditions:
- The maximum bonus amount is $10,000.
- ECN and Crypto accounts are not eligible to participate in the promotion.
- Lots traded in indices and energies are not counted towards the promotion.
- The maximum leverage on the bonus account is 1:500.
Level Up Bonus
Conditions:
- Get $70 Free
- Download FBS – Trading Broker to double your bonus (get $70 more).
- By skipping a trade, trade at least 5 lots for 20 trading days. You can take your gains from your Leverage Bonus account for a maximum of five days. There are 40 days total for practice. A day that had at least one order opened or closed is referred to as an “active day.”
- Trading on the Level Up Bonus account will immediately end if the Level Up Bonus conditions are met before the 40-day mark. You can withdraw any profits you make by moving them to your real account.
- Standard account type on MT5 platform, in MetaTrade
- Leverage: 1:100
Trading account types
Six different types of trading accounts are available: Cent, Micro, Standard, Zero Spread, ECN, and Crypto. There are unique details for each account, such as spread, leverage, and minimum deposits. FBS has the account you require, no matter what degree of trading expertise you have.
Customer service
FBS is one of the top customer service brokers. You can reach customer service in 18 different languages by phone, email, or live chat. FBS customer support can be contacted 24/7. Additionally, the broker is very active on social media. You can get in touch with them on Twitter, Line, Telegram, and Facebook Messenger.
FBS Broker provides email and phone help, and if you call, you can ask for an agent to call you back later. Through the form, you can provide your phone number and the time you’d like the representative to call you back. Also, you can find answers to your questions in the FBS FAQ area under the About tab of the website.
Awards received by FBS
Best Forex Broker Asia 2014, Best Forex Broker Middle East 2015, Best Forex Broker Southeast Asia 2013, TOP IB Programme 2016, Best Forex Brand 2015, Best Fund Security Asian Clients accolades 2015, Best Broker Asia Pacific 2015, and more.
Additionally, it just won the Best Forex Broker Indonesia 2022 and Most Innovative Trading Platform Asia 2022 prizes.
Identity verification
Following a successful subscription, FBS will need confirmation that the subscriber is in Indonesia. As seen in the image below,
FBS will provide you with four confirmations; at this time, you have verified two of them.
You must then confirm the phone number. Click Confirm phone number and FBS will send an SMS to your phone.
The last step is verifying our identity. Enter your ID card information, including your date of birth, and then attach the ID card file to FBS.
Finally, give the FBS verification a day or so to complete. After all four items have been confirmed, FBS will display all four check marks.
Summary of the overview of FBS
Global CFD broker FBS is overseen by a number of financial regulators, including CySEC and ASIC. It is a reputable and well-known broker that can easily meet your demands whether you are new to investing in Forex and CFDs or an experienced trader.
FAQ
Is FBS’s reputation and credibility good?
FBS has established a solid reputation for dependability thanks to its open customer relationships and its extensive 24/7 support team.
FBS: A reliable broker?
FBS is a secure, innovative and reliable broker that is licensed by a number of financial regulators, including CySEC, IFSC, FSCA, ASIC and BaFin.
Where is FBS Broker registered?
FBS is a global broker registered in Belize with operations in more than 150 countries.